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ElevenLabs Explores Tender Offer That Could Value AI Voice Startup at $22 Billion, Report Says
ElevenLabs is moving fast. According to a Bloomberg report, the AI voice company is discussing a secondary share sale with investors. This deal, known as a tender offer, could value the startup at $22 billion. If finalized, the price tag reveals how quickly the company’s value is climbing. Five months ago, in February 2026, a…
Alibaba to Ban Claude Code in Workplace Over Alleged Backdoor Security Risks, Report Says
Alibaba will ban employees from using Anthropic’s Claude Code starting July 10, 2026. Reuters reported the move Thursday, citing a source familiar with the decision. The ban stems from alleged security risks involving embedded backdoors in the coding tool. Chinese financial outlet Yicai first reported the story earlier this week. Alibaba shares fell 0.7% on…
SK Hynix Inc (KRX: 000660) Climbs +11.32% to 2,434,500 KRW After BitMart Announces Stock Listing & Incentive Program
On July 3, 2026, SK Hynix Inc. (KRX: 000660) climbed 11.32% to 2,434,500 KRW, catching the attention of investors focused on AI and semiconductor stocks. Buying picked up after BitMart announced a stock listing and incentive program, giving the shares an extra boost during the session. Even so, much of the market’s attention remains on…
HCLTech Shares Surge 4.6% as Company Secures $1.14 Billion European Deal; Nifty IT Climbs 2.5%
On July 3, 2026, HCLTech announced a $1.14 billion AI-led contract with a Europe-based Fortune Global 50 company. The news quickly lifted investor sentiment. HCLTech shares rose 4.6%, while the Nifty IT index gained about 2.5% in early trading. The agreement will remain in effect through December 2031 and focuses on AI-powered workplace and network…
Nikkei 225 Rises 1.21% to 69,564.78 but Tech Valuation Fears Keep Japan Stocks on Track for Weekly Loss
On July 3, 2026, Japan’s Nikkei 225 gained 1.21% to close at 69,564.78, bouncing back after several sessions of weakness. Buying returned to technology and semiconductor stocks, helping the index recover some of its recent losses. Even so, concerns about stretched valuations after months of AI-driven gains continued to weigh on sentiment. Because of that,…
Goldman’s Garrett Warns Investors Are Reducing Exposure to Mag 7 Stocks
Brian Garrett, head of equity execution on Goldman Sachs’s Cross Asset Sales desk, has been flagging the same signal for months, and the data behind it is now impossible to ignore. Goldman’s prime brokerage desk shows clients unwinding gross positions into all-time highs, with the largest weekly gross unwinding in seven months. Simultaneously, Goldman’s analysis…
Google Fine Upheld: EU Court Confirms Record €4.1 Billion Android Antitrust Penalty
The Google fine over Android practices is now final. The EU Court of Justice dismissed Alphabet’s appeal on July 2, 2026. Judges upheld the €4.125 billion penalty tied to Android distribution deals. The European Commission first imposed a €4.34 billion fine in 2018. That figure fell to €4.125 billion after a 2022 General Court review….
AI Chip Stocks Extend Selloff as Micron, Western Digital Drop 2.1% Amid Meta Pivot Fears
AI chip stocks stayed under pressure on July 2, 2026, with Micron Technology and Western Digital each falling about 2.1%. The decline added to a wider selloff across semiconductor stocks after reports raised fresh questions about Meta’s long-term AI infrastructure plans. That prompted investors to rethink expectations for future spending on memory chips and AI…
Super Micro Reveals Taiwan Staff Questioned in AI Server Export Probe Involving Nvidia Chips
On July 2, 2026, Super Micro Computer confirmed that employees at its Taiwan unit were questioned as part of an investigation into AI server exports involving Nvidia chips. The company said it is cooperating with authorities and is not the primary focus of the probe. The investigation comes as governments tighten restrictions on advanced AI…